3 Beds
3 Baths
1,740 SqFt
3 Beds
3 Baths
1,740 SqFt
Key Details
Property Type Single Family Home, Townhouse
Sub Type Twin/Semi-Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,740 sqft
Price per Sqft $51
Subdivision East Falls
MLS Listing ID PAPH2432852
Style Other
Bedrooms 3
Full Baths 3
HOA Y/N N
Abv Grd Liv Area 1,740
Originating Board BRIGHT
Year Built 1929
Annual Tax Amount $1,798
Tax Year 2024
Lot Size 2,315 Sqft
Acres 0.05
Lot Dimensions 20.00 x 116.00
Property Description
These two properties Share one Entrance in the middle and have access to both properties. Both Properties Share a sewer line and a water Meter.
This is an exceptional investment opportunity located in the vibrant and growing East Falls neighborhood. The two properties—3405 and 3407 Clearfield Avenue—are being offered together as one parcel. Making this a prime chance for either a cash-flow property or a new development project. The expansive lot offers potential for significant expansion or the construction of new builds, ideal for investors looking to capitalize on the area's ongoing growth.
3405 Clearfield: Offers 2 units, each with 2 bedrooms, a kitchen, living room, and one bathroom.
3407 Clearfield: Offers 3 units, each with 1 bedroom, a kitchen, living room, and one bathroom. Both properties share a water service line and a sewer line.
Currently zoned as RSA5 (Single Family Residential), which typically allows for single-family homes but offers flexibility for certain types of developments. Buyers should verify all zoning requirements and ensure that the properties meet their development or investment goals. City rental regulations and taxes will also need to be thoroughly checked. Buyers should verify zoning and any potential changes that could benefit their plans. The size and location of the lot present significant opportunities for redevelopment. With new construction occurring in the surrounding neighborhood, this could be an ideal property for a larger-scale project, such as multi-family housing or even townhomes, subject to city approval and zoning changes. Both properties must be purchased together, which could be an advantage for those looking for a larger footprint or a project that spans two parcels. This is a compelling investment for someone looking to benefit from a growing neighborhood while potentially tapping into both immediate rental income and long-term development value. Sold Strictly AS-IS.
Location
State PA
County Philadelphia
Area 19132 (19132)
Zoning RSA5
Rooms
Basement Unfinished
Main Level Bedrooms 3
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Fireplace N
Heat Source None
Exterior
Utilities Available Electric Available
Water Access N
Accessibility None
Garage N
Building
Story 3
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 3
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District Philadelphia City
Others
Senior Community No
Tax ID 382009200
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
